Latest / Panic Drop Podcast / Su 08/11 | Daily Crypto & Macro News

Transcript

Su 08/11 | Daily Crypto & Macro News · Panic Drop Podcast

• 0:02
  SPEAKER_01: Happy Sunday all!
• 0:03
  SPEAKER_01: Bitcoin is holding around $75,800, roughly flat,
• 0:08
  SPEAKER_01: while Kalshi traders now see it going as low as $71,000 this month.
• 0:12
  SPEAKER_01: An entity picked up about $228 million of Bitcoin,
• 0:16
  SPEAKER_01: but BlackRock sold about $403 million of Bitcoin
• 0:21
  SPEAKER_01: and The US reportedly approved Nvidia chip sales
• 0:27
  SPEAKER_01: to Chinese firms with empty offices
• 0:29
  SPEAKER_01: and suspicious ties.
• 0:30
  SPEAKER_01: Google's SpaceX stake is about 95% of its disclosed stock portfolio.
• 0:37
  SPEAKER_01: And Elon Musk says California's taxes and regulations pushed SpaceX and Tesla
• 0:42
  SPEAKER_01: to move more operations to Texas.
• 0:44
  SPEAKER_01: China added to its gold pile in October,
• 0:47
  SPEAKER_01: taking Bitcoin is down
• 0:53
  SPEAKER_01: about 13% and gold about 6% so far this year,
• 0:57
  SPEAKER_01: the two worst performing major assets in 2026,
• 1:01
  SPEAKER_01: something we We have not seen in any calendar year.
• 1:05
  SPEAKER_01: From the November 5th correction low,
• 1:07
  SPEAKER_01: the Nasdaq 100 is about 15% below its all-time high,
• 1:12
  SPEAKER_01: with Nvidia down about 26%,
• 1:15
  SPEAKER_01: Broadcom about 41%,
• 1:21
  SPEAKER_01: Berkshire Hathaway bought back $9.6 billion of stock in the third quarter
• 1:26
  SPEAKER_01: and still sits on about $357 billion in cash,
• 1:31
  SPEAKER_01: while a busy earnings week The week starts November 9th with names like Rocket Lab,
• 1:36
  SPEAKER_01: Core Weave and Applied Materials.
• 1:38
  SPEAKER_01: Two solo miners also found Bitcoin blocks and each took home just
• 1:42
  SPEAKER_01: over three coins worth more than $230,000.
• 1:48
  SPEAKER_01: Ethereum is around $2,235.
• 1:53
  SPEAKER_01: About 69.5% of this year's midterm winners are pro-crypto
• 1:58
  SPEAKER_01: and OKEx is telling users not to send funds straight from It's where we find
• 2:03
  SPEAKER_01: the truth. Listen to the Panic Drop.
• 2:20
  [music]